She should have labeled them as a cost. Everyone with a little ability to think logically understands that sooner or later a person will switch from generating revenues to expenses. In order to balance these items, revenues and expenses should be recorded over the same time period. If you do, it becomes very clear that this age group has been a much larger source of revenues than expenses.
9.21.2019
You have to know the difference
There is a huge difference between revenue and income respectively expenses and costs. It makes me a bit angry to hear a Scandinavian finance minister say that the large age groups with mainly people of the nineteen forties who have retired are a big expense for the state and the municipality.
Subscribe to:
Post Comments (Atom)
My latest chart
Building charts in spreadsheets is incredibly satisfying. The attached chart below is my latest and even though I told the world's most ...
-
A bullish market makes the hunt more challenging. I (we) aimed for ARR in all our 4 portfolios yesterday but only managed to make purchases ...
-
He heard but didn't listened when I once again tried to reach him with the golden date, New Year's Eve 2024. He's taken the next...
-
On June 6, 1523, Gustav Vasa is elected king of Sweden. It meant that Sweden broke away from the Kalmar Union with Denmark and Norway and on...
No comments:
Post a Comment